SEBI rejects Digvijay Gaekwad’s plea for competing open offer in Religare deal
Capital markets regulator Securities and Exchange Board of India (SEBI) on Friday (February 14, 2025) rejected Digvijay Laxhamsinh Gaekwad’s plea seeking an exemption to make a competing open offer for a majority stake in Religare Enterprises. With this ruling, the Burman Group’s open offer process remains on track, solidifying their acquisition bid for Religare…
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